(WSJ) Workers at Chile’s La Escondida copper mine, which is the world’s largest and producing about 5% of the metal supply, are considering going on a strike. The anticipated strike…
(Global Payments) Global Payments announced adjusted net revenues of $1.94 billion in the second quarter, up 28% from the same period last year. Adjusted earnings per share was $2.04, up…
(Xpeng) Vehicle deliveries by Chinese EV maker Xpeng rose at a record 228% year over year to 8,040 in July 2021. Xpeng’s vehicle deliveries in July was 22% higher compared…
(HSBC) HSBC’s net revenue for the half-year 2021 was $25.6 million, a reduction compared to $26.7 million reported in the same period last year. The company reported diluted earnings per…
(NIO) Chinese EV startup NIO Inc. delivered 7,931 vehicles in July 2021, an uptick of 124.5% compared to the same period last year. NIO’s deliveries consisted of 1,702 ES8s, 3,669…
(Square) Jack Dorsey’s payment company Square seeks to expand in the booming installment loan market with a $29 billion acquisition of Australian fintech entity Afterpay. The all-stock deal represents about…
(Pinterest) Social media platform Pinterest saw its second-quarter revenue increase by 125% year over year to $613 million on pandemic-induced consumer demand. Pinterest’s global monthly active users grew 9% to…
(P&G) P&G reported net sales of $18.9 billion in the fourth quarter, up 7% from the same period last year, and more than estimated $18.41 billion. The company’s diluted EPS…
(Bureau of Economic Analysis) US personal incomes rose by 0.1% to $26.1 billion in June from May as employees saw an uptick in compensation. Disposable personal income shed less than…
(Bloomberg) The European Union has slapped Amazon with a record 746 million euro or $888 million fine for violation of the block’s data protection rules. In a July 16 decision,…
(Chevron Corp.) Chevron Corporation announced earnings of $3.1 billion in the second quarter of 2021, up from a loss of $ 8.3 billion in the same quarter last year. The…
(Eurostat) GDP in the EU rose by 1.9% in the second quarter, compared to 2.0% in the euro area from the first quarter. GDP has now risen by 13.2% in…